Andre Krause Allegedly Mismarked Solicited Trades
Andre Krause (CRD #: 4060322), a broker registered with The Investment Center, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on May 13, 2024. Keep reading if you have questions regarding his alleged conduct.
Regulatory Action
On March 19, 2024, Andre Krause entered into an Acceptance, Waiver, and Consent agreement (AWC) in which he consented to the findings that he mismarked order tickets as unsolicited when he had solicited the trades.
Terms of the AWC
As part of the terms of the AWC, Andre Krause consented to a fine of $10,000 and a two-month suspension. You can read a copy of the award here.
Books and Records
FINRA Rule 4511 requires firms to keep accurate and up-to-date books and records.
High Standards of Commercial Honor
FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Mismarking trades may violate this rule.
Background Information
Andre Krause has passed the following exams:
- Series 63 Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
- Series 24 General Securities Representative Examination
He is a registered broker in eight states and is a registered investment adviser in four states and the Virgin Islands.
During his 23 years of experience, he has registered with three firms:
- The Investment Center (CRD #: 17839)
- IC Advisory Services (CRD #: 140190)
- Oppenheimer Funds Distributor (CRD #: 7834)
Kurta Law Can Help
If you have worked with Andre Krause and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation.
For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.
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